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Streaming Analytics in the Real World

Cloudera

From leading banks, and insurance organizations to some of the largest telcos, manufacturers, retailers, healthcare and pharma, organizations across diverse verticals lead the way with real-time data and streaming analytics. The data shelf life is decreasing,” said Marr. Static, historical data is no longer enough. .

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AI-First Benefits: 5 Real-World Outcomes

Cloudera

In a retail operation, for instance, AI-driven smart shelf systems use Internet of Things (IoT) and cloud-based applications to alert the back room to replenish items. Inventory systems make note of what is being replenished and, with the assistance of data analytics, predict when to order more and how frequently. .

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Supply Chain Control Tower: Enhancing Visibility and Resilience

Altexsoft

The annual IHS Markit Supply Chain Survey Report found that 63 percent of companies don’t have sufficient technology to approach their top priority optimization strategy, i.e., spend analytics (the situation within other strategic areas is similar). “Control towers are the artificial intelligence (AI) of supply chain.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

It’s commonly applied in various industries, for instance, travel and hospitality, transportation, eCommerce, electricity retailing, entertainment. How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Pricing automation.

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Freight Forwarder: Key Workflows and Technology

Altexsoft

Freight forwarders are intermediaries between shippers (manufacturers, wholesalers, or retailers) and carriers ( sea , air, and land transportation providers) that organize and coordinate the movement of goods across international borders. In 2021, according to different studies, the freight forwarding market was valued at $186 to $192.5

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RTLS in Warehouses: Boosting Efficiency with IoT-Based Systems

Altexsoft

Real-time tracking systems and advanced analytics software can optimize warehouse workflows. An RTLS or real-time location system is an autonomous, IoT -based network of connected devices that enables tracking and identification of objects. What is RTLS and which warehouse challenges does it address? Misplaced inventory and equipment.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development. Optimization opportunities offered by analytics. Analytics in planning and demand forecasting.